Ok, so the October jobs report was announced this morning.
171,000 jobs added in October.
Adjustment of an additional 34,000 previously unreported for September.
Adjustment of 50,000 additional jobs in August.
Labor force grew by 578,000 in October.
Government shrunk by 13,000 jobs.
But, unemployment figure rose from 7.8 percent last month to 7.9 percent in October.
(Anyone who can explain how this is a sign that more people entered the workforce, please do).
Meanwhile, it may (or may not) be useful to look at where the unemployment rates are in each state, especially the all hallowed swing states).
Note that in the last year, from 2011 to 2012, only 6 states saw their unemployment rates rise -- by small amounts. The rest saw their unemployment rates decline -- by small amounts.
What are your thoughts?
Until businesses stop blaming Obama for everything, nothing is going to change.
by SparklingJewel4 years ago
life really is all about perspective...yours, mine, theirs, anyone's...you got one they got one...isn't truth always somewhere between the lines of either side's perspective?http://www.americanthinker.com/2012/03/...
by Ralph Deeds4 years ago
The nation’s employers added 114,000 jobs in September, a modest showing that was less than the previous month. But the unemployment rate dropped to 7.8 percent from 8.1 percent, the lowest since Obama took office...
by fishskinfreak20086 years ago
Web-site/URL: http://news.yahoo.com/s/csm/20100326/ts … RoY2FyZXJlObviously, states with higher unemployment rates will need more help as far as insurance is concerned. WINNERSArizona (Unemployment Rate: 9.7%)...
by Tammy Barnette3 years ago
http://www.bls.gov/web/laus/lauhsthl.htm Current Unemployment numbers by state, includes historic highs and lows...Interestingly most historic highs came during the Reagan Administration.
by Jack Lee4 months ago
What do you think about the latest job numbers? And then the unemployment rate dropping to 4.7%. At this rate, we will reach full employment before the end of Obama's term...
by GA Anderson2 years ago
The gist of the new Congressional Budget Office, (CBO), report on the effects of Obamacare on the U.S. economy is that it will cause a reduction in works hours equivalent to about 2 million jobs by 2017.Here is just one...
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